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IQE (LON:IQE) Trading Down 9.1% - Time to Sell?

IQE logo with Computer and Technology background

Key Points

  • The stock of IQE plc (LON:IQE) fell by 9.1% on Monday, trading at GBX 7.82 ($0.11) after previously closing at GBX 8.60 ($0.12).
  • Trading volume surged by 794% to 26,444,150 shares, compared to the average session volume of 2,958,533 shares.
  • IQE has a market capitalization of £75.47 million and a significantly negative price-to-earnings ratio of -196.21, indicating current financial challenges.
  • Interested in IQE? Here are five stocks we like better.

IQE plc (LON:IQE - Get Free Report) shares traded down 9.1% on Tuesday . The stock traded as low as GBX 7.55 ($0.10) and last traded at GBX 7.82 ($0.11). 26,444,150 shares traded hands during mid-day trading, an increase of 794% from the average session volume of 2,958,533 shares. The stock had previously closed at GBX 8.60 ($0.12).

IQE Price Performance

The company has a fifty day simple moving average of GBX 9.29 and a two-hundred day simple moving average of GBX 10.23. The company has a debt-to-equity ratio of 49.21, a quick ratio of 0.97 and a current ratio of 1.37. The company has a market capitalization of £72.85 million, a price-to-earnings ratio of -189.39, a P/E/G ratio of 12.70 and a beta of 1.86.

IQE Company Profile

(Get Free Report)

IQE is the leading supplier of compound semiconductor wafer products and advanced material solutions to the global semiconductor industry.

Further Reading

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